If I had to sum up in a word what makes a good manager, I'd say decisiveness. You can use the fanciest computers to gather the numbers, but in the end you have to set a timetable and act.

Start with good people, lay out the rules, communicate with your employees, motivate them and reward them. If you do all those things effectively, you can't miss.

In business, you're trying to make a buck. God was good to me and blessed me. I made some money and started this foundation years ago, and it has grown in size. With the foundation it's a lot different, because the bottom line isn't how you can make more money or get a better return, it's helping the projects that you feel strongly about move forward.

When future historians look back on our way of curing inflation...they'll probably compare it to bloodletting in the Middle Ages.

If we wait until we've satisfied all the uncertainties, it may be too late.

If you own up to your mistakes, you don't suffer as much. But that's a tough lesson to learn.

When the product is right, you don't have to be a great marketer.